MELVILLE, NY -- Arrow Electronics will buy fellow semiconductor distributor Nu Horizons Electronics in a cash deal valued at nearly $130 million.

ZHENGZHOU CITY, CHINA -- Foxconn reportedly has broken ground on a handset-assembly plant in a business park in this northern China city.

MELBOURNE, FL – Even in an upturn, companies close their doors. The latest EMS firm to fold is Msi of Central Florida, which will be auctioned later this month.

NEW TRIPOLI, PA – The semiconductor industry business outlook is weakening, says The Information Network.

Booming sales of PCs and other electronics are unsustainable, and their inevitable fall will impact the entire semiconductor supply chain, including DRAM manufacturers, microprocessor makers and foundries, according to the research firm.